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Majozi, the owner of MAJOZI Traders keep incomplete records of the business transactions. The following information is available. MAJOZI TRADERS Balances as at 30 June
Majozi, the owner of MAJOZI Traders keep incomplete records of the business transactions. The following information is available. MAJOZI TRADERS Balances as at 30 June 2019: 2018 2019 R R Vehicles at cost 28 800 28 800 Furniture and equipment at cost. 26 500 26 500 Inventory. 21 770 ? Trade receivables control.. 8 870 12 350 Bank (favourable)..... 25 000 20 000 Long-term 30 000 15 000 borrowings. 9 500 12 700 Trade payables 3 400 2 300 control.. 360 365 Accrued expenses. Prepaid expenses.. Additional information: A physical inventory count revealed that the following was on hand on 30 June 2019: Inventory Stationery Packing materials R27 669 R625 R150 The total amount of trading inventory for Majozi Traders as at 30 June 2019 will be? Additional information: A physical inventory count revealed that the following was on hand on 30 June 2019: Inventory Stationery Packing materials R27 669 R625 R150 The total amount of trading inventory for Majozi Traders as at 30 June 2019 will be? A. R21 770 B. R27 819 C. R27 669 D. R28 294 E. R26 894 Reset Solectica
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